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apple computer. i want to begin with your take on the u.s. market as it roars back above 14,000. do you think it can break through and go higher this year, even with the federal spending cuts coming? >> sure. this year, yes, absolutely. and the reason is because we are at a second stage of a bull market where there is capitulation going on. people on the side lines are saying, i'm not worried about losing any more. i'm worried about missing out. i have to get back in. that's when you see money come back into the equity market. and that will push the market higher. maybe not tomorrow or friday, but certainly this year. >> you you will like some of the growth names in the american market. some in healthcare. some in other areas. tell me about them and why. >> well, look. more of the financials are in future growth. a lot of the stocks have done very well. so you have very low multiples for future growth. traditionally growth does better in later stages. >> i want to get your views on europe in a moment but while we are still here in the u.s., let's talk about apple, which is down today. s
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